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Technology policies and acquisition of technological capabilities in the industrial sector : A comparative analysis of the Indian and Korean experience

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  • Technology policies and acquisition of technological capabilities in the industrial sector
  • Aggarwal, Aradhna
  • Indian Council for Research on International Economic Relations


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Title Technology policies and acquisition of technological capabilities in the industrial sector
Similar Titles
Sub Title

A comparative analysis of the Indian and Korean experience

Material Type Articles
Author(English)

Aggarwal, Aradhna

Publisher

[New Delhi]:Indian Council for Research on International Economic Relations

Date 2001-06
Series Title; No Working Paper / no. 68
Pages 55
Subject Country India(Asia and Pacific)
South Korea(Asia and Pacific)
Language English
File Type Link
Subject Industry and Technology < Science/Technology
Holding ICRIER

Abstract

This paper reviews the science and technology policy of India and Korea in a comparative perspective to draw relevant lessons for India. It shows that policies, strategies and structures of science and technology evolved under a planned development approach in both Korea and India. However, while Korea created a strong national innovation system and acquired phenomenal technological capabilities, India had vital links missing that weakened the performance of this system and resulted in a poor R&D performance of firms in the industrial sector.
It finds four conditions which need to be satisfied for building an effective national innovation system:
- strong competitive pressures on domestic firms
- the presence of high quality human capital
- well developed links between industry-institutes-academia
- access to foreign technologies
While Korea tailored its policies to accommodate these conditions in each stage of its development, India failed to evolve an appropriate mix of these critical ingredients. (The rest omitted)